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Let’s see, it’s March 31st and your tax return is due in 15 days. Do you have a refund coming to you? Or maybe you’re like me and have to cough up a few bucks for the IRS. I’m going to let them tap my account on the 15th to get their money. Filing paperless is the way to go. You get your refund faster or you pay on the last day.

If you’re one of those who get a refund, what are you going to do with it? Have you thought about making a deposit into your IRA account? Don’t have an IRA account? Hopewell Federal can help you set one up. Whether you are looking for a traditional IRA or a Roth IRA we can help. Start building you retirement nest egg today. With a traditional IRA you can delay paying any taxes on the qualifying deposits until you withdraw the money. With a Roth IRA you pay taxes on the deposits today but all the earnings are tax free when you withdraw them later in life. Either way you go there are tax advantages to you.

Check with your credit union to find out more about how an IRA account can help you save for retirement. Social Security benefits are not designed to be your only retirement income. You will need to supplement social security benefits with your own savings plan. Don’t come up short at retirement, start planning now and let us help you.